News Desk, Timberland

Rayonier to Acquire 95,100 Acres in Southeast


Jacksonville-based timber REIT Rayonier announced that it has entered into three separate transactions with different sellers in Florida, Georgia, and South Carolina to acquire approximately 95,100 acres of high-quality industrial timberlands. The aggregate purchase price will be $217 million ($2,280 per acre), which will be financed with cash on hand. The acquisitions are located in some of the strongest timber markets in the Southeast along the Interstate 95 corridor near Savannah.
Click here to read more.

RELATED ARTICLES

News Desk

Minnesota Power to Expand Bison Wind Farm

Minnesota Power has notified the North Dakota Public …

Landowners

Sold! Dodgers Co-Owner Bobby Patton Buys New Mexico’s York Ranch

At more than 173,000 acres, the York Ranch …

Print & Gift
Subscriptions Available
Please sign me up to receive breaking news and updates from The Land Report:
Copyright © Land Report LLC. All rights reserved.

Contact to Listing Owner

Captcha Code